SmartRent, Inc. (SMRT)

NYSE: SMRT · IEX Real-Time Price · USD
2.290
-0.070 (-2.97%)
Apr 19, 2024, 4:00 PM EDT - Market closed
-2.97%
Market Cap 466.86M
Revenue (ttm) 236.84M
Net Income (ttm) -34.59M
Shares Out 203.87M
EPS (ttm) -0.17
PE Ratio n/a
Forward PE 47.85
Dividend n/a
Ex-Dividend Date n/a
Volume 1,455,191
Open 2.350
Previous Close 2.360
Day's Range 2.270 - 2.360
52-Week Range 2.155 - 4.120
Beta 2.00
Analysts Buy
Price Target 4.23 (+84.72%)
Earnings Date May 8, 2024

About SMRT

SmartRent, Inc., an enterprise real estate technology company, provides management software and applications to rental property owners and operators, property managers, homebuilders, developers, and residents in the United States and internationally. Its smart building hardware and cloud-based software-as-a-service solutions are designed to enhance visibility and control their real estate assets while providing all-in-one home control offerings for residents. The company's products and solutions include smart apartments and homes, access contro... [Read more]

Sector Technology
Founded 2017
Employees 526
Stock Exchange NYSE
Ticker Symbol SMRT
Full Company Profile

Financial Performance

In 2023, SmartRent's revenue was $236.84 million, an increase of 41.13% compared to the previous year's $167.82 million. Losses were -$34.59 million, -64.09% less than in 2022.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for SMRT stock is "Buy." The 12-month stock price forecast is $4.23, which is an increase of 84.72% from the latest price.

Price Target
$4.23
(84.72% upside)
Analyst Consensus: Buy
Stock Forecasts

News

The Law Offices of Frank R. Cruz Announces Investigation of SmartRent, Inc. (SMRT) on Behalf of Investors

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of SmartRent, Inc. (“SmartRent” or the “Company”) (NYSE: SMRT) on behalf of investors concerning the Company's...

1 day ago - Business Wire

SmartRent to Report First Quarter 2024 Financial Results on May 8, 2024

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--SmartRent, Inc. (NYSE: SMRT), a leading provider of smart communities and smart operations solutions for the rental housing industry, today announced it will releas...

11 days ago - Business Wire

SmartRent Launches Alloy SmartHome Leak Sensor+

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $SMRT #multifamily--SMRT's new leak sensor has superior battery longevity while increasing humidity resistance, leak detection, compatibility, reliability & perf...

11 days ago - Business Wire

SmartRent Reports Fourth Quarter 2023 Results – Adjusted EBITDA Positive

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--SmartRent, Inc. (NYSE: SMRT) (“SmartRent” or the “Company”), a leading provider of smart home and property operations solutions for the rental housing industry, tod...

6 weeks ago - Business Wire

Concerned Stockholder Urges SmartRent Leadership to Address Strategy, Communication, and Governance Matters

NEW YORK , Feb. 13, 2024 /PRNewswire/ -- Today, Harris R. Heyer and Michael J.

2 months ago - PRNewsWire

SmartRent to Report Fourth Quarter and Full-Year 2023 Financial Results on March 5, 2024

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--SmartRent, Inc. (NYSE: SMRT), a leading provider of smart communities and smart operations solutions for the rental housing industry, today announced it will releas...

2 months ago - Business Wire

SmartRent Launches Alloy SmartHome Hub+

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $SMRT #alloysmarthome--SmartRent today announced the launch of Alloy SmartHome Hub+, the Company's first thermostat with an integrated smart hub device.

3 months ago - Business Wire

The Towbes Group Deploys SmartRent Solutions to Modernize the Resident Experience

SCOTTSDALE, Ariz. & SANTA BARBARA, Calif.--(BUSINESS WIRE)---- $SMRT #smartrent--SmartRent today announced the rollout of its access control and IoT solutions at 2,500 apartment homes in The Towbes Gr...

4 months ago - Business Wire

SmartRent Earns Coveted Spot on Deloitte's 2023 Technology Fast 500™ List

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $SMRT #fast500--The Arizona-based enterprise joins the annual list recognizing innovative and rapidly growing companies in North America.

5 months ago - Business Wire

SmartRent Reports Third Quarter 2023 Results

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--SmartRent, Inc. (NYSE: SMRT) (“SmartRent” or the “Company”), a leading provider of smart home and property operations solutions for the rental housing industry, tod...

5 months ago - Business Wire

Community WiFi Report: Only 1% of Renters Have the Internet Service They Want

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $SMRT #smartrent--Research report reveals unmet demand; opportunities for competitive advantage, operational efficiencies and connected communities.

6 months ago - Business Wire

SmartRent to Report Third Quarter 2023 Financial Results on November 7, 2023

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--SmartRent, Inc. (NYSE: SMRT), a leading provider of smart home and smart building automation solutions for residents, property owners, managers, developers and home...

6 months ago - Business Wire

SmartRent Issues Response to Inaccurate Short Seller Report

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--SmartRent, Inc. (NYSE: SMRT, “SmartRent” or “the Company”), the leading provider of smart home and property operations solutions for the rental housing industry, an...

7 months ago - Business Wire

SmartRent Reports Second Quarter 2023 Results

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--SmartRent, Inc. (NYSE: SMRT) (“SmartRent” or the “Company”), a leading provider of smart home and property operations solutions for the rental housing industry, tod...

9 months ago - Business Wire

SmartRent Selects ADI Global Distribution as Preferred Distribution Partner

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $SMRT #smartrent--SmartRent Selects ADI Global Distribution as Preferred Distribution Partner.

9 months ago - Business Wire

SmartRent Expands Product Line to Include the Smart Package Room® Solution

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $SMRT #positionimaging--SmartRent, Inc. (NYSE: SMRT) (“SmartRent” or the “Company”), the leading provider of smart home and property operations solutions for the...

9 months ago - Business Wire

SmartRent to Report Second Quarter 2023 Financial Results on August 8, 2023

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--SmartRent, Inc. (NYSE: SMRT), a leading provider of smart home and smart building automation solutions for residents, property owners, managers, developers and home...

9 months ago - Business Wire

SmartRent CEO Lucas Haldeman Recognized as an EY Entrepreneur Of The Year® 2023 Pacific Southwest Award Winner

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $SMRT #smartrent--SmartRent, Inc. (NYSE: SMRT), the leading provider of smart home and property operations solutions for the rental housing industry, is pleased ...

10 months ago - Business Wire

SmartRent Launches Community WiFi for Rental Housing

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $SMRT #communitywifi--SmartRent, Inc. (NYSE: SMRT), the leading provider of smart home and property operations solutions for the rental housing industry, today a...

11 months ago - Business Wire

SmartRent to Present at the Morgan Stanley US Financials, Payments and CRE Conference

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--SmartRent, Inc. (NYSE: SMRT) (“SmartRent” or the “Company”), a leading provider of smart home and property operations solutions for the rental housing industry, is ...

11 months ago - Business Wire

SmartRent Reports First Quarter 2023 Results

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--SmartRent, Inc. (NYSE: SMRT) (“SmartRent” or the “Company”), a leading provider of smart home and property operations solutions for the multifamily industry, today ...

1 year ago - Business Wire

SmartRent to Report First Quarter 2023 Financial Results on May 10, 2023

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--SmartRent, Inc. (NYSE: SMRT), a leading provider of smart home and smart building automation solutions for residents, property owners, managers, developers and home...

1 year ago - Business Wire

SmartRent Reports Fourth Quarter and Full-Year 2022 Results

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--SmartRent, Inc. (NYSE: SMRT) (“SmartRent” or the “Company”), the leading provider of smart home and property operations solutions for the multifamily industry, toda...

1 year ago - Business Wire

SmartRent to Present at the Morgan Stanley Technology, Media & Telecom Conference

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--SmartRent, Inc. (NYSE: SMRT) (“SmartRent” or the “Company”), a leading provider of smart home and smart building automation for residents, property owners, manage...

1 year ago - Business Wire

SmartRent Enables Self-Guided Tour Scheduling Within Apartment Listings

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--SmartRent, Inc. (NYSE: SMRT) (“SmartRent” or the “Company”), a leading provider of smart home and smart building automation for residents, property owners, manage...

1 year ago - Business Wire